Nike's big push into the blockchain starts with '.Swoosh'
".Swoosh," a blockchain-based platform that will let members collect and eventually create virtual jerseys, shoes and other goods they can wear in games and other online spaces. You may get access to real-world products and special events, too. The creation of an"inclusive" community is important, Nike says, although the company isn't shy about wanting to make money — you can buy virtual products using conventional payments, much like you would a physical pair of runners.
The .Swoosh platform is currently in beta. Sign-ups start November 18th, and you'll need an access code if you want to avoid sitting on a waiting list. Nike doesn't start official"programming" until December, and the first community-shaped virtual collection is poised to launch in early 2023. The brand's initial community building will focus on the US and some European countries.
Nike also hinted at how it will motivate some creators. After that first collection arrives, the firm will launch a community challenge that gives winners a chance to co-create virtual items with Nike. They'll earn a royalty on whatever products they ultimately sell.You can disable notifications at any time in your settings menu.
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